DEV Information Technology Ltd
NSE:DEVIT
We don't have any information about DEVIT's insider trading.
DEV Information Technology Ltd
Glance View
Dev Information Technology Ltd. engages in the provision of information technology solutions. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2017-04-17. Its products include Talligence and ByteSIGNER. Talligence is an artificial intelligence (AI) powered and machine learning-driven solution for Tally, which packs a suite of functionalities to monitor key business areas. The company drives intelligent analytics from Tally data - facilitating informed, data-driven, and fact-based decisions. ByteSIGNER provides an easy, automated, and secure way to digitally sign invoices, legal documents, tender documents, contracts, orders, vouchers, and other PDF documents. Its services include applications, automation, intelligence, digital, and IT infrastructure. The firm also offers services, such as security (hardware & software), infrastructure management and monitoring services for servers/desktops/other such devices both remote and onsite, storage, private cloud, public cloud, enterprise applications, mobility, AI, and Internet of things (IoT).
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.